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ARTICLE · 28 JANUARY 2021

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Changes To The Malta Residence And Visa Programme (MRVP) Coming Soon!

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In a briefing on the 12th of January, Parliamentary Secretary Alex Muscat and MRVA CEO Charles Mizzi updated all approved agents on the details of the Malta Residence and Visa Programme (MRVP) rules.

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In a briefing on the 12th of January, Parliamentary Secretary Alex Muscat and MRVA CEO Charles Mizzi updated all approved agents on the details of the  Malta Residence and Visa Programme (MRVP) rules.

Current Malta Residence and Visa Programme (MRVP) Rules

Up to now, there was a three-tiered investment requirement needed to qualify for the MRVP rules, which can be summarised as it follows:

  1. Property Requirement:
    1. Purchase of minimum €270,000 for a property situated in Gozo or the south of Malta, or €320,000 elsewhere in Malta.
    2. Rent a property for minimum €10,000 per annum in Gozo or the south of Malta, or €12,000 per annum elsewhere in Malta.
  2. Investment Requirement:
    1. Investment of minimum €250,000 in investment vehicles as identified by the government from time to time; with a financed option available.

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